CLARITY Act fight heats up as Witt defends crypto crime rules

White House adviser Patrick Witt defends the CLARITY Act as lawmakers race to pass crypto rules despite police concerns before midterms now.

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White House Says Bitcoin Reserve Announcement Coming in Weeks

The White House is preparing to announce new details on the US Strategic Bitcoin Reserve in the coming weeks, according to Patrick Witt, a senior White House digital assets official. Speaking at Consensus Miami on Wednesday, Witt said the administration has made “a lot of progress in the background” on the reserve and the broader The post White House Says Bitcoin Reserve Announcement Coming in Weeks appeared first on BeInCrypto.

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White House Advisor Hints at Impending Reveal of Strategic Bitcoin Reserve

White House crypto adviser Patrick Witt told the Bitcoin 2026 audience in Las Vegas that the Trump administration plans to unveil a major update on the Strategic Bitcoin Reserve within the next few weeks.

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Crypto Regulation: White House Says CLARITY Act Is Very Close

The crypto regulation standoff over the CLARITY Act shifted Monday when White House crypto adviser Patrick Witt told an interviewer that negotiations have cleared most remaining obstacles and that he is confident the final issues can be resolved, saying “we’re…

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Best Crypto to Buy in 2026 With 100x Potential as CLARITY Act Clears Final Hurdles and Pepeto’s Binance Listing Nears

The best crypto to buy in 2026 question just got a real answer after White House crypto adviser Patrick Witt told CoinDesk on April 13 that the CLARITY Act compromise is holding and remaining hurdles are “very close” to being closed out.

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White House adviser confirms stablecoin yield deal as Clarity Act nears Senate markup

The Digital Asset Market Clarity Act is gaining fresh momentum in the U.S. Senate as negotiators work to solidify a bipartisan compromise on stablecoin regulations. Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, told…

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Best Crypto Presale Right Now: DeepSnitch AI Delivers the AI Tools Traders Actually Need & LivLive and Ozak AI Suddenly Look Irrelevant

White House Council of Advisors for Digital Assets executive director Patrick Witt believes that stablecoin yield providers will inject more capital into the US banking system. His statements come at a time when the banking group reps and crypto reps discuss how to handle stablecoin yields on the Clarity Act.

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Stablecoins Could Become A Deposit Magnet For US Banks, White House Official Says

A top White House official is pushing back against warnings that stablecoins will drain money from American banks — arguing the opposite is true. Related Reading: Crypto Thieves Pivot To Phishing As Protocol Hacks Decline In February Foreign Money, Domestic Gains Patrick Witt, executive director of the White House Council of Advisors for Digital Assets, posted on X this week that when foreigners convert local currencies into dollar-backed stablecoins issued by US companies, that capital flows into the American banking system, not away from it.

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US Strategic Bitcoin Reserve Gains Bipartisan Backing, Says White House Advisor

Speaking at the Economic Club of New York on March 9, Patrick Witt, executive director of the President’s Council of Advisers for Digital Assets, said there is “some bipartisan support” for legislation to codify the US Strategic Bitcoin Reserve, even if the timing may slip beyond the current Congress.

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Next Crypto to Explode in 2026: Pepeto Crosses $7.1 Million as Washington Signals Pro-Crypto Policy

A bold statement came from the White House today. Crypto adviser Patrick Witt publicly rejected JPMorgan CEO Jamie Dimon’s push to bring yield-bearing stablecoins under bank rules. Witt confirmed the Genius Act already draws a clear line between stablecoin issuers and commercial banks.

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Best Crypto to Buy Now: Trump Adviser Pushes Back on Wall Street as Pepeto Presale Heats Up

A major policy signal arrived today. White House crypto adviser Patrick Witt publicly rejected JPMorgan CEO Jamie Dimon’s push to regulate yield-bearing stablecoins under bank rules. Witt stated that the Genius Act prevents stablecoin issuers from lending reserves, meaning they should not face the same restrictions as commercial banks.

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Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks

White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.

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Trump’s crypto adviser rejects Jamie Dimon on treating yield-bearing stablecoins like banks

White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.

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White House floats limited stablecoin rewards in third crypto, bank meeting

White House crypto adviser Patrick Witt reportedly refocused crypto and bank lobby talks on a crypto bill to allow stablecoin rewards tied to transaction activity.

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White House Crypto Adviser To Banks: Don’t Panic Over Stablecoin Returns

Patrick Witt, a senior White House crypto adviser, told reporters that banks should not see stablecoin yield programs as an existential threat. Related Reading: Crypto’s Dark Side: Funds To Suspected Human Traffickers Climb 85% In 2025 He argued that banks and crypto firms can both offer similar products to customers and that the controversy over […]

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Probe Into Venezuela’s Bitcoin Reserve Confirmed By White House Adviser

Executive director of the President’s Council of Advisors for Digital Assets Patrick Witt said US officials are actively examining how Venezuela’s Maduro regime was financed, including whether any value sits in Bitcoin and “digital assets,” as speculation mounted earlier this month that recent Venezuela-linked actions may have surfaced a large Bitcoin cache. The comments stop […]

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White House Crypto Adviser Urges Democrats to Back Senate Crypto Bill

The White House crypto adviser Patrick Witt has asked Democrats on the Senate Agriculture Committee to support a new crypto market structure bill ahead of [...]

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Seized Bitcoin From Samourai Wallet Case Not Sold And Will Remain In Strategic Reserve, White House Confirms

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‘Obscure’ laws stall Bitcoin reserve: White House Crypto Council director

The bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge.

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Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor

Recent allegations regarding the Bitcoin (BTC) sale by the US Marshal Service (USMS) — operating under the Department of Justice (DOJ) — have been addressed by White House crypto advisor Patrick Witt, who confirmed that the digital assets forfeited by Samourai Wallet and its founders have not been liquidated.

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Top U.S. Digital Assets Official Patrick Witt Joins Ripple Swell

Patrick Witt from the White House's Digital Assets Council will be joining the list of keynote speakers at Ripple Swell

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Does Bo Hines' White House exit mean a major policy shift is incoming?

Key Takeaways Bo Hines has stepped down as Head of Trump’s Digital Assets Council, with Patrick Witt taking over amid ongoing crypto policy shifts.  Bo Hines, Executive Director of the WhitThe post Does Bo Hines' White House exit mean a major policy shift is incoming? appeared first on AMBCrypto.

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Bo Hines To Reportedly Step Down As Crypto Council Director

Hines, the Executive Director of the White House Crypto Council, will step down and be succeeded by Patrick Witt, as he transitions to a private sector role while advising on AI policy alongside David Sacks.

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